What I’ve written about Zappos Core Values before bears repeating. We’ll examine using Core Values in your hiring and selection process focusing on a specific value that Tony Hsieh, the CEO of Zappos is particularly fond of.
Strategic Discipline Blog
Topics: Acute Myeloid Luekemia, Core Values, Zappos, hiring decisions, Mono Somy 7, Michelle Wick
A fundamental principle of Good to Great and The Rockefeller Habits is the first place to grow your business is People. People is one of the Four Decisions in growing your business, that you must get right or risk leaving significant revenues, profits, and time on the table. If you don’t recall Jim Collins quote from Good to Great, you should keep it somewhere on your desk as a constant reminder, “First who than what.”
People, Collins states, are more important that the product or service you provide.
Topics: employee engagement, People, Four Decisions, A Players, Topgrading, Gallup's Q12 Employee Engagement Survey
Positive Reinforcement Multiplies Through Your Organization
Posted by Douglas A Wick on Thu, Jan 30, 2014
Topics: Bringing Out the Best In People, Employee Recognition, employee performance, positive reinforcement, human behavior performance
Quarterly Meeting Review – Analyze Success and Failures
Posted by Douglas A Wick on Mon, Jan 27, 2014
Topics: quarterly meetings, Employee Recognition, Accountability, employee performance, success criteria, Meetings a Cadence of Accountability
Annual Plan – It’s Not When You Plan It’s How You Execute
Posted by Douglas A Wick on Thu, Jan 23, 2014
Topics: Strategic Discipline, Decision-Making, One Thing, Annual Plan, Four Decisions, Rockefeller Habits Checklist, leadership commitment, Execution
Step 7: Seven Strata of Strategy – Measure Profit per X and BHAG
Posted by Douglas A Wick on Mon, Jan 20, 2014
The final piece to the Seven Strata of Strategy is actually two pieces. Remember the Seven Strata of Strategy are from Mastering the Rockefeller Habits author, Verne Harnish. His Fortune Magazine article revealed from careful research following the last recession these specific strategies were key differentiators to increase revenue faster than competitors who didn’t have these key elements identified. Companies that had these seven strategies identified outpaced their competition even during the last recession.
Topics: strategy, Profit per X, Seven Strata of Strategy, BHAG
Seven Strata of Strategy Step Six - Establish your “X Factor.”
Posted by Douglas A Wick on Thu, Jan 16, 2014
Topics: Business Growth, strategy, Seven Strata of Strategy, X Factor
Support Your One-PHRASE Strategy - Differentiating Actions
Posted by Douglas A Wick on Mon, Jan 13, 2014
We’re reviewing the Seven Strata of Strategy. These are the specific strategic elements that Verne Harnish discovered mid-size businesses that had continued to grow and increase revenue during the last recession had in common to differentiate themselves and best their competition.
Topics: Business Growth, The Inside Advantage, strategy, Seven Strata of Strategy, Verne Harnish
In Cascade Your Annual Strategy & Planning we noted statistics from a recent leadership survey reported 92% of CEO’s feel their leadership team can communicate their strategy. The same survey revealed that only 2% of their leadership team actually could!
Simplifying your strategy into 35 words or less as we recommend in developing Your Strategy Statement is the first step to accomplishing this intention of a One Phrase Strategy.
Topics: Business Growth, strategy, The Advantage, Southwest Airlines, Strategy Statement
First Monday of New Year – Business Growth: Survive & Thrive in 2014
Posted by Douglas A Wick on Mon, Jan 6, 2014
It’s the first Monday of 2014! David Allen, author of Getting Things Done and past Fortune/Gazelles Growth Summit speaker, recommends this day (or possibly another between Christmas and the New Year) as an excellent day to clean out your office, getting rid of anything you haven’t used in the past year.
Topics: Acute Myeloid Luekemia, Business Growth, Core Purpose, Bone Marrow Transplant, Seven Strata of Strategy, Stockdale Paradox, Breaking the Habit of Being Yourself: How to Lose, Joe Dispensa